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Trading vs Holding ๐Ÿคฏ

The profitability of cryptocurrencies over a long period is very attractive. So why just not invest in cryptocurrencies according to the <<Buy & Hold>> strategy and keep them a couple of years? ๐Ÿค”

๐Ÿ’ฅIt's hardly possible to give an unequivocal answer to that question, since everyone has their own strategy, psychology, and risk appetite.๐Ÿ’ฅ

๐Ÿ‘๐Ÿป Some arguments in favor of trading: ๐Ÿ‘๐Ÿป

๐Ÿ‘‰๐Ÿป not all cryptocurrencies live for a long time, and those assets that are now leaders can become outsiders after only a year or two;

๐Ÿ‘‰๐Ÿป investing in a Buy & Hold strategy is justifiable if there is significant free capital, that can be diverted from circulation for a long period of time.

โ—โ—You can increase your profitability if you combine the holding strategy with active trading (or at least re-balance the portfolio from time to time).

๐Ÿ‘‰๐ŸปGiving preference only to long-term investment, it's impossible to acquire trading skills, which, by the way, can become an additional source of income.

๐Ÿ‘‰๐ŸปAs for the arguments in favor of the Buy & Hold strategy, the image illustrates them most clearly๐Ÿคฃ

ืชืžื•ื ืช-ื‘ื–ืง

Thus, trading allows you to profit in the short term, and long-term investment doesn't require frequent activities, as well as the study of various indicators and trading strategies.

However, in both cases, a rational choice of assets, discipline and balanced decision-making are required.

In any case, if you choose one of the strategies or their combination, you can't do it without knowledge and skills.

What do you choose for trading?๐Ÿง

Therefore, I always urge you to develop, learn something new, and people who have long been on the market - don't stop self-development.๐Ÿ’ช๐Ÿป๐Ÿ’ช๐Ÿป

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